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Wishpond Appoints New Chief Financial Officer

Wishpond Appoints New Chief Financial Officer
Written by Publishing Team

  • Experienced Technology Executive David Pace Joins the position of the new Chief Financial Officer of the company

Vancouver, British ColumbiaAnd January 10 2022 /PRNewswire/- Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (“company“or”Wishpond‘), a marketing-focused online business solutions company, announces its hiring David Pace As Chief Financial Officer (CFO), effective immediately. Reporting directly to Ali Tajkander, Chairman and CEO of Wishpond, Mr. Bayes will be responsible for all finance, accounting, financial reporting, audit, tax and capital planning functions. He will take over the position of Chief Financial Officer Juan Lil, who will continue to support the company in an advisory role related to mergers and acquisitions.

Mr. Pace is an experienced and growth oriented CFO, who has worked for several technology companies in Vancouver Over the past 20 years, including PHEMI Systems, Fortress Blockchain (TSXV: FORT), Nuri Technologies, Apivio Systems (TSXV: APV), UTStarcom and Star Solutions. He was closely involved in equity and debt financing as well as executing various corporate finance transactions in each of these companies, including purchases, acquisitions, liquidations and the execution of a reverse takeover deal. Mr. Pace has extensive experience in the public market since he held the position of Chief Financial Officer for both Fortress Blockchain and Apivio Systems. Most recently, Mr. Pace was the Chief Financial Officer of PHEMI Systems, a venture capital-backed company with a health data big data platform that enables analytics and artificial intelligence. In addition, Mr. Pace has extensive experience in the technology industry including software and hardware products, telecom infrastructure, VoIP, cybersecurity, and cryptocurrency mining.

Previously, Mr. Pace also worked in the corporate finance group of Ernst & Young LLP, advising clients on mergers and acquisitions, financing, valuation and due diligence. Mr. Pace has experience working in a private equity firm in Los Angeles. He holds an MBA in Finance and a Masters in Accounting from University of Missouri And passed the CPA exam in the United States.

“We are delighted to welcome David to Wishpond’s executive team. His deep financial experience in the technology sector will be a valuable asset to the company as we enter Wishpond’s next growth phase,” said Ali Tageskandar, Wishpond’s Chairman and CEO. “I would also like to thank Juan Lil, who has served as our chief financial officer ever since January 2020 He has been instrumental in our public listing process and in the execution of the four acquisitions that have been completed to date. I am pleased that Juan is able to continue to assist us with strategic acquisitions and corporate development activities.”

Mr. Paes commented, “I am very excited to join Wishpond and lead the strong financial team that Juan has set up. I was drawn to Wishpond because of the exceptional team and the opportunity to be part of a rapidly growing technology company. I look forward to working with the Wishpond team as it achieves its milestones in the years.” coming.”

WISHPOND TECHNOLOGIES LTD.
According to: “Ali Tay”
Ali Taj Iskandar, Chairman and CEO

About Wishpond Technologies Ltd.

Depending on Vancouver, British ColumbiaWishpond is an online business solutions provider focused on marketing. Wishpond’s vision is to become the leading provider of digital marketing solutions that enable entrepreneurs to achieve success online. The company offers an “all-in-one” marketing suite that provides businesses with the capabilities of marketing, merchandising, lead generation and sales conversion on one integrated platform. Wishpond replaces disparate marketing solutions with an easy-to-use product at a fraction of the cost. Wishpond serves more than 3,000 clients who are primarily small and medium-sized businesses (SMBs) in a variety of industries. The company has developed advanced marketing technology solutions and continues to add new features and applications very quickly. The company uses a “Software as a Service” (SaaS) business model where pretty much all of the company’s revenue is subscription-based recurring revenue, providing excellent revenue predictability and cash flow visibility. Wishpond is listed on the TSX Venture Exchange under the ticker “he wishes“, and in the OTCQX Best Market under the index”WPNDFFor more information, please visit: www.wishpond.com.

forward-looking statements

This press release may contain certain information and forward-looking statements (“forward-looking informationwithin the meaning of applicable Canadian securities legislation, which is not based on historical facts, including but not limited to statements that contain the words “believes,” “expects,” “plans,” “intends,” “will” “,” should”, “expect”, “communicate”, “estimate”, “forecast” and other similar expressions. Readers are cautioned not to place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated in These statements.The Company assumes no obligation to comment on analyses, forecasts or statements made by third parties regarding the Company, its securities, financial or operating results (as applicable).Although the Company believes that expectations are reflected in the forward-looking information in this press. The release is reasonable, and this forward-looking information has been based on expectations, factors, and assumptions about future events that may be inaccurate and subject to many risks and uncertainties, some of which are outside the Company’s control, including, but not limited to, the risk factors discussed in the disclosure documents. The Worker for which these risk factors are incorporated herein by reference and available through SEDAR at www.sedar.com. The forward-looking information contained in this press release is expressly qualified by this cautionary statement and is issued as of the date of this release. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor the Regulatory Services Provider (as defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release.

SOURCE Wishpond Technologies Ltd.

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